Unique or difficult architecture would cost more, but I think you get the point.

The "guy" might be wrong, when doing additions, every permit is unique especially in LA City, we don't have full details of your project, but more importantly we won't spend our time doing the research for you, we could point you to the right direction.

That may mean fixing the kitchen and bathrooms; but it may mean adding another bathroom, or adding a garage or finishing a basement or adding central HVAC or creating a nice outdoor space or replacing all the siding/windows or whatever...Every flip is unique and there is no simple formula (like "focus on kitchens and baths") that will make you successful.Btw, the "kitchen and baths" thing is good advice for retail sellers who are looking to fix up their house and have limited funds/knowledge to do so -- those are generally reasonable areas to focus on, but certainly not the end-all-be-all for most flips.

from BP we toyed with the 1031 exchange bc we no longer can qualify for the tax exemption of $500k as married couple.at $850k our HELOC would be paid in full, my duplex will be free and clear.We quickly abandoned the flip idea and within wks put in tenants in the duplex (12% cap free clear) bought 230k, renov 70k, rent $3350/mothat is more than the Boston rental!

Hello BP community,I am new to buy and hold investing and have being doing as much reading and learning as possible while looking for deals to get started with. I came across an opportunity involving purchasing duplex...

This wholesaler talked about "unique breathtaking ocean views", when in fact that entitled land had mostly hillside views and only a narrow 30-degree very abstracted ocean view far on the horizon.

The best path for you lies in the unique balance for you of all the factors including1.

I think you are in a position to add unique skill sets to more efficiently re-zone properties given your background.  

I did not develop it I just bought it... but those are great... need someplace for all those boys with their toys... nice work  if your ever looking for equity partners give me a jingle.

I've been using Quickbooks, and I define each property as a unique "Class" (eg street name).